Sei Investments Co. lifted its position in shares of U.S. Physical Therapy, Inc. (NYSE:USPH) by 31.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,576 shares of the company’s stock after acquiring an additional 622 shares during the quarter. Sei Investments Co.’s holdings in U.S. Physical Therapy were worth $155,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Texas Permanent School Fund boosted its stake in shares of U.S. Physical Therapy by 0.8% during the 2nd quarter. Texas Permanent School Fund now owns 9,142 shares of the company’s stock worth $552,000 after acquiring an additional 76 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of U.S. Physical Therapy by 3.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,950 shares of the company’s stock worth $178,000 after acquiring an additional 90 shares in the last quarter. Louisiana State Employees Retirement System boosted its stake in shares of U.S. Physical Therapy by 2.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 5,100 shares of the company’s stock worth $333,000 after acquiring an additional 100 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of U.S. Physical Therapy by 1.6% during the 1st quarter. Arizona State Retirement System now owns 6,500 shares of the company’s stock worth $424,000 after acquiring an additional 100 shares in the last quarter. Finally, Mason Street Advisors LLC boosted its stake in shares of U.S. Physical Therapy by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 2,928 shares of the company’s stock worth $191,000 after acquiring an additional 192 shares in the last quarter. 95.50% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have recently issued reports on USPH. Sidoti raised shares of U.S. Physical Therapy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $62.00 to $74.00 in a research note on Friday. Zacks Investment Research downgraded shares of U.S. Physical Therapy from a “buy” rating to a “hold” rating in a research report on Saturday, September 2nd. Jefferies Group LLC set a $65.00 price target on shares of U.S. Physical Therapy and gave the stock a “hold” rating in a research report on Friday, August 4th. Cantor Fitzgerald assumed coverage on shares of U.S. Physical Therapy in a research report on Monday, July 24th. They set an “overweight” rating and a $72.00 price target for the company. Finally, BidaskClub downgraded shares of U.S. Physical Therapy from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $68.60.

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In other U.S. Physical Therapy news, Director Bernard A. Harris, Jr. sold 5,000 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the sale, the director now owns 26,422 shares of the company’s stock, valued at $1,638,164. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Lawrance W. Mcafee sold 3,000 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $62.04, for a total transaction of $186,120.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,266 shares of company stock worth $801,134. 3.10% of the stock is owned by insiders.

U.S. Physical Therapy, Inc. (USPH) opened at 58.50 on Tuesday. The firm has a market cap of $735.99 million, a P/E ratio of 37.03 and a beta of 1.07. U.S. Physical Therapy, Inc. has a 52-week low of $51.96 and a 52-week high of $78.00. The company’s 50 day moving average is $60.77 and its 200 day moving average is $64.16.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $104.25 million for the quarter, compared to analysts’ expectations of $102.93 million. U.S. Physical Therapy had a return on equity of 10.27% and a net margin of 6.13%. Equities research analysts forecast that U.S. Physical Therapy, Inc. will post $2.13 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Investors of record on Monday, August 21st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date was Thursday, August 17th. U.S. Physical Therapy’s dividend payout ratio is currently 46.78%.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc, through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care, and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers and neurological-related injuries.

Institutional Ownership by Quarter for U.S. Physical Therapy (NYSE:USPH)

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